Saturday 26 December 2015

Weekly Indicators: US consumers say "Ho ho ho" edition

Monthly data for November included new and existing home sales, both negative, personal income and spending, both positive, unchanged durable goods orders, and an uptick in consumer sentiment.
 

My usual note: I look at the high frequency weekly indicators because while they can be very noisy, they provide a good Now-cast of the economy.  The indicators will confirm a trend or indicate a switch in trend well before monthly and quarterly reports.



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